Kenya stock trading app Hisa in continental contest for US$50,000 prize
Kenya-based stock trading platform Hisa is among five tech-based startups across Africa that have been picked to compete for up to $50,000 in equity investment in the 2022 MEST Africa Challenge.
Hisa will be competing with other startups across Africa including Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), and Desert Green Africa (South Africa) at the Demo Day and Final Pitch Competition in Accra, Ghana, in December.
Hisa enables users to buy fractions of Kenyan stocks and US securities while allowing users to follow other investors as they discuss wealth and investments.
MEST—a pan-African software and entrepreneurship training program—will provide the overall winner with $50,000 investment capital, mentorship, and access to a global network of resources and partners as they build and scale successful businesses that add value to African economies and livelihoods.
Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that provides critical skills training in software development, business, and communications to Africa’s burgeoning tech talent.
Sproutly is a Nigeria-based digital banking, and tuition financing solution provider for teens and students that also facilitates payments, education management, and credits for schools.
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Kwely from Senegal is an innovative made-in-Africa B2B brand incubation and digital distribution platform while Swoove (Ghana) is a last-mile delivery and fulfillment tech start-up building e-commerce infrastructure for SMEs and commerce companies in Africa.
Desert Green Africa Agri-Investments (South Africa) is an Agritech transforming the informal Agri-value chain in Africa by providing more efficient delivery of Fresh produce from small-scale farmers to informal traders.
All participating start-ups will have the opportunity to benefit from a host of exciting perks from MEST Africa and its strategic partners including global visibility, building their networks, professional coaching, mentorship from experts, and the opportunity to join the global MEST community for lifetime benefits.
At the moment, MEST has trained 1000s of entrepreneurs from across the continent and invested in over 80 start-ups across industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare amongst others.
